Tech firms pen letter to EU requesting more time to comply with AI Act
Tech companies release a joint letter requesting more time from the EU to comply with AI Act requirements, citing challenges due to the summer recess.
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Wemix denies cover-up amid delayed $6.2M bridge hack announcement
Wemix Foundation CEO Kim Seok-hwan said they had no intention of concealing a hack on its bridge, which led to over $6 million in losses. In a press conference, Kim reportedly said there was no attempt to cover up the incident, even though the audience pointed out the announcement was delayed. On Feb. 28, over

How blockchain tech and dMRV can help carbon trading markets
There is a global consensus that greenhouse gas (GHG) emissions are warming the planet, but efforts to accurately measure, report and verify these emissions continue to challenge researchers, nonprofits, corporations and governments. This is especially the case with “nature-based” projects to reduce carbon dioxide levels, like planting trees or restoring mangrove forests.This has inhibited the development

Filipinos face higher fees after Binance ban
Jay Ricky Villarante, the CEO of Moneybees, said that the decision to ban Binance reflects the importance of regulatory compliance and oversight in the industry.

BoE official compares current crypto market regulation to ‘unsafe aeroplanes’
According to Jon Cunliffe, regulators needed to accelerate efforts to find a place for crypto in current frameworks based on the principle of "same risk, same regulatory outcome." 160 Total views 4 Total shares Jon Cunliffe, deputy governor for financial stability at the Bank of England, has called for a clear regulatory framework for crypto…

Solana app revenues up 213% in Q4: Messari
Cumulative app revenues peaked in November at $367 million, according to the report.

Major Coins Trading Sideways With Moderate Losses, Bitcoin Near $10,400
Sunday, July 21 — Major coins are mostly trading sideways, remaining relatively quiet with moderate losses over the past 24 hours, according to data from Coin360.Market visualization from Coin360The leading cryptocurrency Bitcoin (BTC) broke the $11,000 threshold earlier yesterday, but could not hold its position and dipped to its current price point of $10,406, down…

Crypto’s downturn is about more than the macro environment
The global economic downturn should not have a long-term negative effect on cryptocurrency prices, even if it is influencing crypto in the short term. 49 Total views 10 Total shares

US Election update: Where do the pro-crypto candidates stand ahead of the election?
The 2022 midterm elections will be held in the United States on Nov. 8. Thirty-four senators and all 435 members of the House of Representatives will be running. According to media reports, cryptocurrency lobbyists and political action committees have poured millions of dollars into select campaigns, and extensive polling has shown crypto to be on…